Andy Pettitte and the Yankees are closing in on a one-year contract that would bring the left-hander back to New York.

A person familiar with the negotiations said the agreement couldbe reached later Monday. The person spoke on condition of anonymityto The Associated Press because talks are not yet final.

Pettitte wanted to return and the Yankees preferred to have himcome back. The sides have been apart for months on how big a paycut the 36-year-old pitcher would take from the $16 million heearned last year.

Pettitte pitched for the Yankees from 1995-2003, helping themwin four World Series titles, then spent three seasons with hishometown Houston Astros. He returned to the Yankees in 2007 and was 14-14 with a 4.54 ERA last season, his highest ERA since 1999.

Pitching with a sore shoulder, he was 2-7 with a 6.23 ERA in hisfinal 11 starts and missed his last turn of the season.

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